Navigation Links
Cray reports $54.5 million loss, plans layoff in Chippewa Falls

Large backorders and new product pipeline provide positive outlook

CHIPPEWA FALLS, Wis. Supercomputer manufacturer Cray Inc. plans to lay off workers at its Chippewa Falls plant in reaction to a second-quarter loss. However, the company has a recorded a significant increased order backlog of $126 million, an increase from its projections of $51 million and up from $75 million in t......

Full article >>> in part due to the delayed development of three new Cray products because of difficulty procuring certain components. Consequently, these products validation and subsequent introduction has been pushed back from the third quarter to the fourth of this year.

We have suppliers and if they dont come in on a timely fashion we cant validate the design and introduce [the product] as quickly as ......

Full article >>> ut Cray bringing this architecture back to the forefront of supercomputing."

Additionally, the company has reported that Beta shipments of the Cray XD1 product (acquired via the OctigaBay acquisition) have begun and the company expects modest revenue from the new product line to begin this quarter. Its next generation vector product, the Cray X1E, is expected to generate revenue in the fi......

Full article >>>
'"/>

Source:wistechnology.com By Kristin V. Johnson and Mike Klein 08/02/04


Related biology technology :

1. TomoTherapy reports 86% revenue jump, $131M net loss in Q1
2. Sonic Foundry reports GAAP loss as Q2 revenues rise
3. Fiserv reports $113.5 million in Q1 profit
4. Third Wave reports net loss of $18.9M for 2006
5. Musicnotes reports 45 percent growth in 2006
6. Sonic Foundry reports net loss, higher revenue
7. Sonic Foundry reports first cash-positive quarter
8. Merge Healthcare reports $10.8M net loss in Q3
9. Third Wave reports $5.2M third quarter loss
10. Merge Healthcare appoints new CEO, reports $215 million Q2 loss
11. Merge files financial reports by market opening
Post Your Comments:
*Name:
*Comment:
*Email:


(Date:3/23/2017)... ... ... Lajollacooks4u is proud to announce it has become the premiere team-building cooking event company in ... the world, such as Illumina, HP and Qualcomm, and is ranked #1 in its category ... due to its new team building format, a way for teams to not only interact ...
(Date:3/23/2017)... Mass. , March 23, 2017 /PRNewswire/ ... partner to global in vitro diagnostics manufacturers ... of the industry,s first multiplexed Inherited ... disease testing by next-generation sequencing (NGS). The ... were developed with input from industry experts ...
(Date:3/23/2017)... ... March 23, 2017 , ... ... by the Connecticut Technology Council (CTC) as a 2017 Women of Innovation® finalist. ... Women of Innovation Awards Dinner. , The dinner recognizes women accomplished in science, ...
(Date:3/23/2017)... -- According to a report by Transparency Market Research ... to the presence of a large pool of participants; however, only ... and Sigma-Aldrich, compete with each other in this market. With Proliant ... 76% of this market in 2016.  ... As of now, a large number of vendors ...
Breaking Biology Technology:
(Date:3/2/2017)... , March 2, 2017 Summary ... to better understand Merck KGaA and its partnering interests ... https://www.reportbuyer.com/product/3605601/ Description The Partnering Deals and ... the partnering activity of one of the world,s leading ... are prepared upon purchase to ensure inclusion of the ...
(Date:2/28/2017)... , Feb. 28, 2017   Acuant , ... software globally, announces significant enhancements to new and core ... 2016. New products include mobile and desktop Acuant FRM ... TM - a real time manual review of ... idScan® technology provides the fastest and most accurate capture ...
(Date:2/26/2017)... DALLAS , Feb. 25, 2017  Securus ... justice technology solutions for public safety, investigation, corrections ... of Recidivism and Reentry. "Too often, ... State prisons and county jails are trying to ... of inmates and friends and family members. While significant ...
Breaking Biology News(10 mins):